Finance Explained

There are two major stock exchanges in India: the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Bombay Stock Exchange, also known as the “BSE,” is the oldest stock exchange in Asia. It was established in 1875 and is located in Mumbai, India. It is the first stock exchange in the country to be recognized by the Indian government. The BSE is also the first exchange in the world to obtain a permanent recognition from the government. The BSE index, also known as the SENSEX, is one of the oldest stock market indices in the world.

The National Stock Exchange, also known as the “NSE,” was established in 1992. It is located in Mumbai, India and is the second largest stock exchange in the country. The NSE is the first exchange in India to provide electronic trading facilities. The NSE index, also known as the NIFTY, is the most widely used stock market index in India.

In addition to BSE and NSE, there are also a few regional stock exchanges in India such as Calcutta Stock Exchange, Ahmedabad Stock Exchange, OTC Exchange of India and more. But these regional exchanges have a very less market share compared to the BSE and NSE.

Overall, The BSE and NSE are the two main stock exchanges in India, with the BSE being the oldest and the NSE being the largest in terms of market capitalization. Both exchanges have a long history of providing a platform for companies to raise capital and for investors to buy and sell shares. The BSE and NSE are also home to some of the most widely used stock market indices in the country, making them important indicators of the overall health of the Indian economy.